More than 6,000 heavy equipment items and trucks currently featured to
sell over six days in Orlando, FL between February 18 - 23, 2013 - with
items being added to the unreserved public auction daily

ORLANDO, FL, Jan. 24, 2013 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE and
TSX: RBA), the world's largest industrial auctioneer, is preparing for
a six-day unreserved public auction at its permanent auction site in
Orlando, Florida from February 18 - 23, 2013. More than 6,000 heavy
equipment items and trucks are already featured in this year's February
Orlando auction—with new items being added daily. Bids in the auction
can be made on site at the 200±-acre Orlando auction site, online in
real-time at www.rbauction.com or by placing proxy bids in person or by phone.

Last year's Ritchie Bros. February Orlando auction was the largest heavy
equipment auction in the world setting multiple site and Company
records. In total, more than 8,600 registered bidders from 88 countries
participated in the auction and competed for more than 10,000 items,
which the Company sold for more than 800 equipment owners. Of $203
million in purchases, bidders from outside Florida purchased US$160
million of equipment (79 percent), including US$73 million purchased by
out-of-country bidders (36 percent).

"Our annual Orlando auction has become one of the most anticipated
global auction events, attracting thousands of enthusiastic bidders
from all around the world," said Steve Kriebel, Regional Sales Manager,
Ritchie Bros. Auctioneers. "The auction maintains one of the largest,
most diverse and universal audiences of consignors and bidders of any
industry. Because of this, the extensive selection of equipment
featured in the auction ensures that there is something available for
all types of buyers in any location."

Online participation records were also broken during last year's six-day
unreserved public Orlando auction: more than 4,070 of the registered
bidders participated online using the Ritchie Bros. real-time online
bidding service available at www.rbauction.com and purchased more than US$47 million of equipment. Internet bidders
were the winner or runner-up bidder on 44 percent of the lots
available.

The auction is open to the public; registration to bid is free; a
refundable bid deposit may be required

On-site registration begins on Thursday, February 14, 2013

Interested buyers can come to the auction site to inspect, test and
compare items Monday - Saturday from 8:00 a.m. to 5:00 p.m. until the
day of the auction (please note that the auction site will also be open
on Sunday, February 10 and Sunday, February 17 from 8:00 a.m. to 5:00
p.m.)

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's
largest seller of used equipment for the construction, transportation, agricultural, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. offers compelling solutions that
make it easy for the world's builders to buy and sell equipment with
confidence. The Company conducts hundreds of unreserved public auctions
each year, selling more equipment to on-site and online bidders than
any other company in the world (rbauction.com). The Company also operates an online marketplace through Ritchie
Bros. EquipmentOne (EquipmentOne.com) and a range of value-added services, including equipment financing for
customers through Ritchie Bros. Financial Services (rbauctionfinance.com). The Company has over 110 locations in more than 25 countries,
including 44 auction sites worldwide.

PHOTOS & VIDEO FOR MEDIA USE: High-resolution photos, including aerial photos of last year's
February Orlando auction, are available for use at http://www.rbauction.com/photos. A six-month / 37 second time lapse video showcasing Ritchie Bros.'
Orlando, Florida auction site in 2009 can be downloaded from YouTube
and embedded on media websites and blogs at http://youtu.be/7h7artEjASw. Members of the public and the media can follow Ritchie Bros. on
Twitter @RitchieBros.